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๐Ÿ‡ต๐Ÿ‡ฆ Panama /Economy & Trade

Trump threatens to block Bombardier aircraft sales in the US

From TVN Panamรก · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Ongoing story
  • Donald Trump threatened to block Bombardier aircraft sales in the United States as Canadian tariffs on US products were about to take effect.
  • The dispute comes amid an escalating trade conflict, with Canada preparing tariffs of 15%, 25% or 50% on about $20 billion in US goods in response to matching US surcharges on Canadian products.

Donald Trump threatened to shut Bombardier out of the US market, escalating a trade confrontation with Canada just hours before new Canadian tariffs on American goods were due to take effect.

โ€œNO MORE BOMBARDIER SALES IN THE UNITED STATES!โ€ Trump wrote on Truth Social. He accused Canada of blocking โ€œour GREAT banks and American companiesโ€ from doing business there.

NO MORE BOMBARDIER SALES IN THE UNITED STATES!

· Donald TrumpTrump posted the threat on Truth Social amid the US-Canada trade dispute.

Trump had already threatened in January to withdraw certification for aircraft made in Canada, particularly Bombardier jets, and to impose โ€œ50% on all aircraft sold to the United States.โ€ He said Ottawa had refused to certify US-made aircraft.

Our GREAT banks and American companies

· Donald TrumpHe accused Canada of blocking US businesses from operating there.

The latest threat came as Canada prepared tariffs of 15%, 25% or 50% on roughly $20 billion in US products, including steel, dairy goods, electronics and pulp. Ottawa said the amount exactly matched the value of Canadian products hit by 50% US surcharges since Aug. 22.

The conflict has reached its most serious level in decades after Canadian Prime Minister Mark Carney ended negotiations with the White House on Aug. 21. Carney, a former central banker, accused Washington of seeking a โ€œbad dealโ€ based on โ€œunfair conditions,โ€ with the ultimate goal of turning Canada into a โ€œsubsidiaryโ€ and destroying parts of its industry, particularly the automotive sector.

Bad deal

· Mark CarneyCarney used the phrase to characterize the terms he said Washington sought to impose on Canada.

Trump has repeatedly said Canada has been โ€œripping off the United States for yearsโ€ and that โ€œwe donโ€™t need Canada, they need us.โ€ He has also said he wants to turn the neighboring country into the โ€œ51st state.โ€ Earlier on Monday, he posted a map showing the US flag across North America, Mexico, the Caribbean, Greenland and Iceland.

We donโ€™t need Canada, they need us.

· Donald TrumpTrump used the statement to describe the US position in the trade conflict.
About this summary

Originally published by TVN Panamรก in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.